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Attention on Draghi this morning

The ECB Forum from Sintra, Portugal is the venue of a potentially significant speech from ECB President Mario Draghi. Euro is trading mixed so...

EURJPY led broader euro outperformance

EURJPY, H4 and Daily Eurozone retail sales declined in the April reading, correcting -0.4% m/m, after stagnating in March. The annual rate fell back to...

USDJPY bounces from two-week lows

USDJPY, H1 A moderate risk-off theme has become re-established in global markets, which pushed Treasury and other top-tier sovereign yields lower and hit stock markets...

Draghi’s “risk sharing” speech lifts EUR

EURUSD, H1 ECB's Draghi promotes drive for more risk sharing. With Italy jitters driving out spreads once again, the issue of Eurobonds, now under the...

Eurozone continues to splutter along

EURJPY, H1 Eurozone Q1 GDP confirmed at 0.4% q/q in the second reading, up from 0.2% q/q in the fourth quarter 2018. There still isn't...

YEN under stress Friday

EURJPY, H1 The Dollar and Yen have come under simultaneous pressure against most other currencies. The biggest losers have been against the euro and Australian...

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